£5B+ in assetsDivestiture / carve-outFinancial ServicesCompleted
JAB Insurance closes Utmost Life and Pensions buy, enters UK
JAB Insurance completed its acquisition of Utmost Life and Pensions, a UK platform with more than £5 billion of assets and nearly 300,000 policyholders, from Utmost Group. It will rebrand as JAB Pensions.
Why it matters: The deal marks JAB Insurance's entry into the UK pension risk market.
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